YRisk Consultancy & Training

Strategic Planning is an organization's process of defining its strategy or direction in making decisions on allocating its resources to pursue an organization's strategy, including its capital and people.

Strategic Planning is the formal consideration of an organization's future course.  All strategic planning deals with at least one of three key questions:

1.  "What do we do?"

2.  "For whom do we do it?"

3.  "How do we excel?"

In business strategic planning, the third question is better phrased "How can we beat or avoid our competition?"

In many organizations, this is viewed as a process for determining where an organization is going over the next year or more - typically 3 to 5 years, although some extend their vision to 20 years.

In order to determine where it is going, the organization needs to know exactly where it stands, then deterine where it wants to go and how it will get there.  The resulting document which is the roadmap for the organization its "strategic plan".

Strategic Planning itself cannot fortell exactly how the market will evolve and what issues will surface in the coming days or years in order to plan your organization's strategy.

BENEFIT OF YRISK STRATEGIC PLANNING SERVICES

YRisk Consutlants and Advisors not only assist clients in identifying and answering the above questions and preparing a "strategic plan" which can be an effective tool for plotting the direction of a company.  YRisk Consultants go one step further in understanding the visions, missions and values of an organization and find strategic innovative methods, evaluate the process in which the organization wants to achieve its goals and objectives and performs situational analysis on markets, competition, technology, economy and regulatory environments that become a cornerstone strategy for an organization to survive any turbulent business climates in the present and future based on realistic assumptions.

The objective of risk management is to reduce different risks related to a pre-selected domain to the level of accepted by a structured approach to identifying and managing uncertainty in strategies.

The strategies include transferring the risk to another party, avoiding the risk, reducing the negative effect of the risk, and accepting some or all of the consequences of a particular risk.

For example:

Deficient knowlege is applied to a situation, a knowlege risk materializes.  Relationship risk appears when ineffective collaboration occurs.  Proces-engagement risk may be an issue when ineffective operational procedures are applied.  These risks directly reduce the productivity of knowlege workers, decrease cost effectiveness, profitability, service, quality, reputation, brand value, and earnings quality.

BENEFIT OF YRISK CONSULTANCY RISK MANAGEMENT SERVICES

YRisk Consultants and Advisors use a prioritization process which identifies which risks in an organizatoin have th greatest loss and the greatest probability of occuring and are brought to the attention of management and handled first.  Our risk assessment process takes into considerations the balancing between risks with high probability of occurence but lower loss versus a risk with high loss but lower probability of occurance which can be mishandled.

YRisk Consultants identify new types of risks that may have probability of occuring but are ignored by an organization due to a lack of identification ability.  Our Consultants allow management to create immediate value from the identification and reduction of risks that can reduce productivity and increase costs.

YRisk's Consultants assist an organization to develop a risk management plan and set security controls, processes and policies in place whereby they can minimize their spending while maximizing the reduction of the negative effects of managing risks.

YRisk's ongoing services also assist an organization in the process of implementation in managing the risks.  Our Consultants review and perform ongoing risk analysis that selected security controls, policies and processes are still applicable and effective and we evaluate the possible risk level changesd in the business environment that can impact an organization's profitability.

BENEFITS OF YRISK PROJECT MANAGEMENT AND PLANNING SERVICES

YRisk Consultants assist organizations develop a project plan that would include risk management tasks, responsibilities, activities and budgets. Create a live project risk database.  Prepare mitigation plans for risks that are chosen in how an organization wants the risks to be handled.  Consultants idenfity for management - what, when, by who and how will it be done to avoid it or minimize consequences if it becomes a liability and we provide a report summarizing the faced risks and effectiveness of risk mitigation activities implemented.

YRisk understands that not all risks can be fully avoided or mitigated simply because of financial and practical limitations.  Therefore all organizations have to accept some level of residual risks.

Whereas risk management tends to be preemptive, business continuity planning was invented to deal with the consequences of realized residual risks.  The necessity to have business continuity plan in place arises because even very unlikely events will occur if given enough time.

BENEFIT OF YRISK BUSINESS CONTINUITY PLANNING

 YRisk Consultants develop a logistical plan for how an organization will recover and restore partially or completely interrupted critical functions within a predetermined time after a disaster or extended disruption.

In this process our Consultants identify and review any operational risks, information management, information security controls, corporate repuation and risk management practices that  may (assumptions) cause residual risks that has not been encountered and perform an analysis and evaluate it within the logistical plan to provide added protection to an organization in the event of disaster.

MIT published an article in the Harvard Business Review, in which he claimed that the major challenge for managers is to obliterate non-value adding work, rather than using technology for automating it.  this statement implicitly accused managers of having focused on wrong issues, namely that technology in general, and more specifically information technology, has been used primarily for automating existing processes rather than using it as an enabler for making non-value adding work obsolete.

Hammer's claim was simple:  Most of the work being done does not add any value for customers, and this work should be removed, not accelerated through automation.  Instead companies should reconsider their proceses in order to maximize customer value, while minimizing the consumption of resources required for delivering their product or service.

BENEFITS OF YRISK BUSINESS PROCESS RE-ENGINEERING PROGRAM

YRisk Consultants rethink and radically design an organization's business processes to achieve dramatic improvements in critical contemporary measures of performance, such as cost, quality, service and speed.

YRisk Consultants envision new work strategies, the actual process design activity, and the implementation of the change in all its complex technological, human and organizational dimensions.

YRisk Consultants concentrate on an organization core business processes, and uses the specific techniques within our business strategic planning while broadening the process vision.

Every Investor is going to have a different investment horizons and risk tolerance, as well as a strategy preference.  

BENEFITS OF YRISK DUE DILIGENCE SERVICES

YRisk Due Diligence provides insight in detail review of activity in order to ensure ultimately that an organization, fund or transaction is in compliance . 

 YRisk Consultants provide a roadmap for potential investors in understanding whether a specific investment will meet his/her investment horizon.  For an existing investor our reports due diligence reports provide a roadmap as to whether the investment has performed the way it claimed it would.

Our Consultants review, assess and evaluate the disclosed investment strategy, historical returns, assets under management, audited financial statements, terms and details, risk factors, valuations,  background checks and busines credit reports on individuals on boards of directors and on the corporations and analyze any potential risks that an investor could encounter during the acquisition or merger of a company or transaction.

Project financing is an innovative and timely financing techniuque that has been used on many high-profile corporate projects, including Euro Disneyland and the Eurotunnel.  Employing a carefully engineered financing mix, it has long been used to fund large-scale natural resource projects, from pipelines and refineries to electric-generating facilities and hydro-electric projects.  Increasingly, project financing is emerging as the preferred alternative to conventional methods of financing infrastructure and other large-scale projects worldwide.

BENEFITS OF YRISK PROJECT FINANCE CONSULTING & ADVISORY SERVICES

YRisk Consultants include the understanding and rationale for project financing and how to prepare the financial plan, assess the risks, design the financing mix, and raise the funds.  In addition, our Consultants understand the cogent analyses of why some project financing plans have succeeded while others have failed.  Our Consultants have over 15 plus years expertise and knowlege base regarding the design of contractual arrangements to support project financing, issues the host government legislative provisions, public/private infrastructure partnerships, public/private financing structures; credit requirements of lenders, and how to determine the project's borrowing capacity; how to prepare cash flow projections and use them to measure expected rates of return; tax and accounting considerations; and analytical techniques to validate the project's feasibility.

Project finance is finance for a particular project, such as a mine, toll road, railway, pipeline, power station, ship, hospital or prison, which is repaid from the cash-flow of the project.  Project finance is different from traditional forms of finance because the financing principally looks to the assets and revenue of the project in order to secure and service the loan.  In contrast to an ordinary borrowing situation, in a project financing the financing usually has little or no recourse to the non-project assets of the borrower or the sponsor of the project.  In this situation, the credit risk is associated with the borrower is not important as in an ordinary loan transaction; what is most important is the identification analysis, allocation and management of every risk associated with the project.

BENEFIT OF YRISK PROJECT FINANCE PROGRAM

YRisk Consultants are aware of the Financier's concerns pertaining with minimizing the dangers of any events which could have negative impact on the financial performance of the project, in particular, events which could result in

1.  The project not being completed on time, on budget, or at all

2.  The project not operating at its full capacity

3.  The project failing to generate sufficient revenue to service the debt; or

4.  The project prematurely coming to an end.

 In order to minimize the above mentioned risks identified, YRisk Consultants follow a process whereby they perform.

1.  RISK IDENTIFICATION AND ANALYSIS

Risk identification and analysis on feasibility studies, independent expert consultants reports, cash flow streams from the project are properly calculated, determine the project's cash flow and the ability of the project to meet repayment schedules.

 2. RISK ALLOCATION

Once the risks are identified and analyzed, YRisk Consultants look to see where the risks are allocated through negotiation of the contractual framework. YRisk Consultants evaluate whether the appropriate parties are managing, controlling and insuring the allocated risks and who verify whether the organzation has the financial capacity to bear it.

3.  RISK MANAGEMENT

 Financiers need to ensure that the greater risks that they bear, the more informed they are and the greater the control over the project.  YRisk Consultants understand that Financiers take security over the entire project and must be prepared to step in and take it over if the borrower defaults.  Our Consultants provide Financiers support by monitoring the project closely, managing reporting obligations on the borrower.

 For organizations who are seeking financing our Consultants provide knowlege and expertise on how to prepare monitoring controls and reporting structures that would not lead to tension but to flexibility in dealing with the Financier in obtaining Finance and meeting funding requirments to complete the project at each phase.

YRisk Consultants also provide clients who seek Project Finance to identify and prepare a business plan that identifies, explains and mitigates all risks including but not limited to construction phase risk, completion risk, operation phase risk, resource risk, reserve risk, operating risk, market risk, off-take risk, participant risk, credit risk, technical risk, currency risk, regulatory risk, approvals, risk, political risk, force majeure, etc.

There are many misconceptions that exist about the purpose and value of a business plan.  The major value resides in the process and how it enables management to create a practical workable plan for achieving success.  Research has shown very clearly that one of the major reasons that 75% of companies fail within the first five years is lack of planning.  In business the old saying "Failing to Plan is Planning to Fail" is especially true.

If the immediate and only purpose for creating the Business Plan is to justify an investment by an outside investor, a business plan becomes a "puffy piece" which is created to entice the investment.  The resulting plan often bears little resemblance to reality and could constitute fraud if investors lose money that was invested based on a plan that is "made up".  In addition management loses all of the time and expense invested in the business plan because it has no long term value to the company.

BENEFIT OF YRISK BUSINESS PLAN PACKAGE

A properly created Business Plan can play a major role in building the foundation for success. 

YRisk Consultants understand the importance of careful analysis to be completed to determine what functional areas exist, or need to be developed,  within the company to carry out the mission and vision.  Attention must be focused on defining the strategy, people, processes, and technology required to make each functional division of the company effective in fulfilling its support position in accomplishing the company's mission.

YRisk Consultants prepare Business Plans that provide logical structure, understandable narrative, professional packaging, answers to all the "red flags", detailed and understandable financial projections, detailed and logical financial assumptions, bios of key staff, and supporting documents, statistics and articles.

We ensure our clients get the best of experience and knowlege in understanding the Investor and their requirements and delivering quality presentations that meet the Investors guidelines and credit policies.

Fraud can have a severe impact on the state of your organization and business. The magnitude of losses in money, customers and good reputation are just a few things that could collapse an entire organization.

BENEFIT TO YRISK FRAUD SOLUTIONS

Our Certified Fraud Examiners understand the importance that in order to deter and detect fraud it is most important to first focus identify how an organization policies are established in the prevention of fraud.  Our experienced examiners help organizations develop proactive and reactive fraud capabilities.  Our risk management services involve integrated approach to assist organizations in the prevention, detection and investigation of fraud.

 Our Certified Examiners identify internal and customer fraud during internal audit procedures, advise management during the examination and interrogation phase, perform an in-depth fraud investigation including organzing and categorizing evidence, summarizing losses that the company has incurred or may incur, provide a report on critical areas of an organization's internal control structure, identify control gaps, deficiencies and provide fraud documentation in a format that summarizes the fraud scheme, details of the internal gaps that allow fraud to go undetected by management and cost-effective solutions to remediate the weaknesses identified by our Examiners.

Due Diligence Loan Reviews help ensure that your Financial Institution is actively managing and monitoring credit risk within the loan portfolio.

Some large financial institutions have internal staff that performs these duties, however, small and mid-sized financial instiutions often partner with qualified outside professional due diligence firms to accomplish this task.  Even large financial institutions and Wall Street Investors may obtain second opinion on the work of their internal loan review staff.

Assembling an internal solution to accomplish loan review goals is often hindered by challenges.

• Limited staffing resources
• Lack of experience
• High costs associated with salaries and benefits
• Issues of credibility with Examiners

BENEFITS OF YRISK DUE DILIGENCE LOAN REVIEW SERVICES

YRisk has 17 plus years experience in Mortgage Banking and Mortgage Backed Securities reviews and our Examiners all are qualified due diligence analysts who have over 15 years plus experience in the industry.

YRisk over time has developed one on one relationships with the best due dligence examiners in credit and compliance risk and provides due diligence teams and managers that provide expertise, knowlege base, sound decisioning, integrity, consistency in data capture and are up to date on the current regulatory changes and Institutional and Agency credit risk guidelines and policies.

YRisk scope of services in due diligence loan reviews includes but is not limited to

1. Perform Regulatory Compliance Audits
2.  Analyze Underwriting Guidelines and Loan Grade Classification
3. Evaluating Credit Risk Policy Criteria
4. Review of Supporting Loan Dcumentation
5. Conduct Fraud Reviews on Credit & Compliance
6. Assess Credit Decision & Pricing Accuracy based on Product and Program.

BENEFITS OF DUE DILIGENCE CONSULTING SERVICES

YRisk Consultants provides assistance to Financial Institutions and Bankers in finding the right technological solutions to capture and manage data and documents, mitigate risk and prevent fraud in their existing internal departments and loan review process. We can help organizations establish their own internal due diligence program to monitor the performance and review of loans effectively and efficiently with consistent results in decisioning and data integrity.